Altegris Futures Evolution Fund Technical Analysis
EVOIX Fund | USD 7.81 0.03 0.39% |
As of the 28th of March, Altegris Futures shows the Coefficient Of Variation of 236.44, mean deviation of 0.3607, and Risk Adjusted Performance of 0.2324. Altegris Futures Evo technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for eighteen technical drivers for Altegris Futures Evolution, which can be compared to its rivals. Please confirm Altegris Futures Evo information ratio and downside variance to decide if Altegris Futures Evo is priced correctly, providing market reflects its regular price of 7.81 per share.
Altegris Futures Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Altegris, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AltegrisAltegris |
Altegris Futures technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Altegris Futures Evo Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Altegris Futures Evo volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Altegris Futures Evo Trend Analysis
Use this graph to draw trend lines for Altegris Futures Evolution. You can use it to identify possible trend reversals for Altegris Futures as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Altegris Futures price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Altegris Futures Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Altegris Futures Evolution applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Altegris Futures Evolution will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.87, which is the sum of squared deviations for the predicted Altegris Futures price change compared to its average price change.About Altegris Futures Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Altegris Futures Evolution on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Altegris Futures Evolution based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Altegris Futures Evo price pattern first instead of the macroeconomic environment surrounding Altegris Futures Evo. By analyzing Altegris Futures's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Altegris Futures's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Altegris Futures specific price patterns or momentum indicators. Please read more on our technical analysis page.
Altegris Futures March 28, 2024 Technical Indicators
Most technical analysis of Altegris help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Altegris from various momentum indicators to cycle indicators. When you analyze Altegris charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2324 | |||
Market Risk Adjusted Performance | 0.5108 | |||
Mean Deviation | 0.3607 | |||
Downside Deviation | 0.4473 | |||
Coefficient Of Variation | 236.44 | |||
Standard Deviation | 0.4441 | |||
Variance | 0.1972 | |||
Information Ratio | 0.1206 | |||
Jensen Alpha | 0.1337 | |||
Total Risk Alpha | 0.0785 | |||
Sortino Ratio | 0.1198 | |||
Treynor Ratio | 0.5008 | |||
Maximum Drawdown | 1.8 | |||
Value At Risk | (0.66) | |||
Potential Upside | 0.9321 | |||
Downside Variance | 0.2001 | |||
Semi Variance | (0.09) | |||
Expected Short fall | (0.47) | |||
Skewness | (0.13) | |||
Kurtosis | (0.57) |
Altegris Futures Evo One Year Return
Based on the recorded statements, Altegris Futures Evolution has an One Year Return of 23.1866%. This is 483.88% lower than that of the Altegris family and significantly higher than that of the Systematic Trend category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Altegris Futures March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Altegris stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 7.81 | ||
Day Typical Price | 7.81 | ||
Price Action Indicator | 0.01 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Altegris Futures Evolution. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Altegris Mutual Fund analysis
When running Altegris Futures' price analysis, check to measure Altegris Futures' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altegris Futures is operating at the current time. Most of Altegris Futures' value examination focuses on studying past and present price action to predict the probability of Altegris Futures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altegris Futures' price. Additionally, you may evaluate how the addition of Altegris Futures to your portfolios can decrease your overall portfolio volatility.
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